Balance Sheet

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Assets in 2024 (Year End)
$169,192,038
Property, Plant, & Equipment (net)
58%
Cash & Equivalents
30%
Receivables (Non-Related)
5%
Investments
4%
Inventories
2%
Other Assets
1%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Liabilities in 2024 (Year End)
$126,656,957
Notes Payable / Debt (Non-Related)
51%
Other Liabilities
40%
Payables & Accruals
7%
Deferred Revenue
2%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$10,649,100
$51,372,347
+382%
Receivables (Non-Related)
$7,288,604
$8,174,361
+12%
Related-Party Receivables
-
-
-
Inventories
$2,156,082
$2,540,159
+18%
Prepaid Expenses
$50,207
$38,226
-24%
Investments
$5,799,287
$6,334,283
+9%
Property, Plant, & Equipment (net)
$91,107,895
$98,951,136
+9%
Other Assets
$99,277
$1,781,526
+1695%
Total Assets
$117,150,452
$169,192,038
+44%
Liabilities
2023
2024
Change
Payables & Accruals
$7,724,904
$8,321,183
+8%
Grants Payable
-
-
-
Deferred Revenue
$1,108,296
$2,607,918
+135%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$58,112,836
$65,202,245
+12%
Related-Party Payables
-
-
-
Other Liabilities
$9,247,056
$50,525,611
+446%
Total Liabilities
$76,193,092
$126,656,957
+66%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$40,957,360
+$42,535,081
+4%